Algeria vs Congo: Minimum capital for starting a business
Minimum capital for starting a business over time
- Algeria
- Congo
How they compare
Congo currently reports 80.5% against 27.2% in Algeria, a difference of 53.3%.
That makes Congo's figure about 3.0 times Algeria's.
Across all 10 years both countries report, Congo has been ahead every year.
Algeria ranks 21st and Congo ranks 19th of 51 countries.
Congo has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Algeria | Congo | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 50.4% | 190.0% | 139.6% | Congo |
| 2010s | 30.7% | 99.4% | 68.7% | Congo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher minimum capital for starting a business, Algeria or Congo?
- Congo, at 80.5% against 27.2% in Algeria as of 2012.
- What is the difference in minimum capital for starting a business between Algeria and Congo?
- 53.3%, with Congo ahead.
- How many years of comparable data are there for Algeria and Congo?
- 10 years are reported by both, from 2003 to 2012.
- How do Algeria and Congo rank globally for minimum capital for starting a business?
- Algeria ranks 21st and Congo ranks 19th of 51 countries.
- Where does this data come from?
- World Bank, Doing Business project (http://www.doingbusiness.org/), published as Minimum capital for starting a business (% of income per capita). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The paid-in minimum capital requirement reflects the amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the country’s income per capita. The amount is typically specified in the commercial code or the company law. Many countries have a minimum capital requirement but allow businesses to pay only a part of it before registration, with the rest to be paid after the first year of operation. For more information, visit http://www.doingbusiness.org/MethodologySurveys/.